THEMAC RESOURCES GROUP LTD (MAC.CA) Stock Technical Analysis
TSX-V:MAC - TSX Venture Exchange - CA88337H1010 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to MAC. MAC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
MAC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month MAC has a been trading in the 0.06 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: MAC has an average volume of 6780 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, MAC turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
MAC is part of the Metals & Mining industry. There are 802 other stocks in this industry, MAC did better than 52% of them.
The technical rating of MAC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.03
0.09
When analyzing the support we notice one important area.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.09 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.7
Mansfield0.52
10 Day High0.11
10 Day Low0.06
20 Day High0.14
20 Day Low0.06
52 Week High0.18
52 Week Low0.02
Performance
1 Week-14.29%
2 Weeks-40%
1 Month-52%
3 Month20%
6 Month33.33%
12 Month-14.29%
2 Year200%
3 Year-47.83%
5 Year0%
10 Year-33.33%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)40.47
LBB0.04
UBB0.13
TSX-V:MAC (4/28/2025, 7:00:00 PM)
0.06
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-14.29%
2 Weeks-40%
1 Month-52%
3 Month20%
6 Month33.33%
12 Month-14.29%
2 Year200%
3 Year-47.83%
5 Year0%
10 Year-33.33%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%17.5%
ATR Inc-62.16%
Range Today0.01
ADR(20)0.01
ADR(20)%9.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.7
Mansfield0.52
10 Day High0.11
10 Day Low0.06
20 Day High0.14
20 Day Low0.06
52 Week High0.18
52 Week Low0.02
CS1 End0.03
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)0%
Volume8.00K
Volume Incr42.73%
Vol(5)9.50K
Vol(50)6.78K